§ Mr. Hely-HutchinsonI beg to move, in page 32, line 10, at the end, to insert:
or in relation to income in respect of which relief has been allowed under the provisions of Section twenty-seven of the Finance Act, 1920, Income Tax at the standard rate as reduced by the rate at which such relief was allowed.This Amendment concerns the definition affecting Part III, and its purpose is to include in Sub-section (10) all the benefits of Dominion relief. It is not necessary to make a fuller explanation.
§ 8.23 p.m.
§ The Solicitor-GeneralI gather that what my hon. Friend wishes to do by this Amendment is to ensure that the definition of standard tax appearing on page 32, line 10, means United Kingdom Income Tax at standard rate. In a very confusing and difficult Section of the Finance Act, 1920, Section 27, there is a provision whereby in the case of a person who is taxed in two parts of the 1624 British Dominions, if he establishes that his income has borne tax in both parts of the British Dominions, he is entitled to relief against his United Kingdom Income Tax. My hon. Friend is afraid that no account will be taken of that Section, and he desires to secure by specific enactment that that relief shall be taken into account for the purpose of Part III. The words that he uses would not, however, be satisfactory. His Amendment would mean copious amendment throughout the Section. I can give him an assurance that in the provisions of Part III as they stand the term "standard tax" will be construed as being either the full standard rate or, where the facts so require, a rate appropriately reduced by reference to the Dominions taxation.
§ Amendment, by leave, withdrawn.
§ Clause ordered to stand part of the Bill.
§ Clause 30 ordered to stand part of the Bill.